The trucking industry is notorious for its tight margins, with drivers making only a few cents on each mile and truckers struggling to pay off loans in months or years rather than weeks. There’s no wonder, then, that many trucking companies are turning to accounting software to help them keep track of their costs and revenue. But which one?
In this post, we’ll look at 10 of the most popular accounting software options today so you can decide which is right for your business.
Top 10 Accounting Software For Trucking Companies
- NetSuite ERP
- QuickBooks Online
- Tipalti Approve
- Zoho Books
- Zoho Expense
- Sage 50cloud
- QuickBooks Enterprise
- Sage Business Cloud Accounting
Here is our list of the top 10 accounting software that works best for the trucking industry.
- TruckingOffice – Trucking Software For Truckers That Want To Win!
TruckingOffice is a cloud-based accounting software for trucking companies. The software helps with organizing, streamlining, and maximizing your business, and the best part is that the software is for small to mid-sized trucking companies.
It offers all the tools you need to run your business–from dispatching details to invoicing and accounting to freight management, including freight management. It’s easy to use and the company also provides training that will help you learn how to use their system effectively in no time at all. You can test and use the software in no obligation free trials before buying it.
You only have to spend a minute to fill out the quick form to get started. After that, you will have access to the full version of the trucking software. Then, when you enter a few loads into the system, you will see results immediately.
FreshBooks is a cloud accounting software for transport company that offers various plans, from free (30-day period trial )to premium. It has a mobile app that allows you to invoice clients through email or fax. Its prominent features include Invoicing, Expenses, Time Tracking, Projects, Payments, Reporting, Accounting, and Mobile.
The lite plan includes unlimited users and one invoicing account per month, which trucking companies can use for up to 5 invoices (including recurring invoices). If you need more than this amount, it’s possible to upgrade to further versions like Plus, Primums, and Customized versions.
For example: if you have 500 users on your company’s website but only use it once per month, then you would need at least $500 worth of credit so that they could create an invoice with them each time there was an order placed online by any member within your business network. But FreshBooks can solve this problem as you can have unlimited offerings with their premium plans.
- Axon Trucking Software
Axon Trucking- Real-Time Trucking Software & TMS offers a suite of tools that can help you manage your fleet, drivers, and business operations. The software includes freight management, driver management, and accounting modules.
It makes information integration easy, means every piece of information should be entered once, and the software will give you a detailed view of your query. It can generate more cash, triple your staff’s productivity and increase profit regardless of your company size. This software can help with trucking companies and handles the most complex and demanding needs of the ever-growing trucking industry. According to the estimation, it can reduce your workload of invoicing, fuel billing, and the driver’s pay in half.
- QuickBooks Online
QuickBooks Online is great trucking accounting software for owner operators available on the web and as a mobile app. You can track your business finances, manage invoices and sales orders, create custom reports that match your specific needs, and more.
The great thing about QuickBooks Online is that it’s easy to use, no matter whether you are a large trucking business or small. Before jumping in, you don’t need any special training or experience with accounting software! Just log into the site with your credentials (like an email address), then pick which account(s) you’d like to double-check by entering data into fields like income and expense accounts or expense categories.
If there are any errors in these amounts when entered into QuickBooks Online, those errors will show up under “accounts affected by” the next time you log in again.
- NetSuite ERP
NetSuite ERP is a cloud-based solution that can also work as bookkeeping software for trucking company. It is designed for small and medium-sized businesses. NetSuite ERP has a low cost of entry, but it also comes with many features that will make your life easier while managing your trucking company.
Till now, NetSuite has helped more than 33,000 customers to streamline business processes, gain visibility and free up the time and resources needed to adapt to change, drive innovation, and remain competitive.
The software provides everything you need to manage your business and make better decisions. The integrated suite of applications for accounting, inventory management, production, order processing, supply chain, and warehouse operations. Overall it allows companies clear visibility into their data and tighter control over their businesses.
- Tailwind TMS
Tailwind TMS is a must-have accounting software for trucking companies. It offers a full-featured transportation management system that helps you manage your fleet, customers, and drivers and optimize your costs. Tailwind TMS is a cloud-based, easy-to-use, scalable, and customizable solution.
Best for small businesses looking for an accounting solution to manage their entire trucking business on one platform or large companies with multiple locations who need a flexible solution that can grow with them as their needs change over time. It is also the easiest and most intuitive software allowing you to dispatch, invoice, organize loads, and prepare driver settlements and IFTA Financial Reports. With this software, you can access all of these reports at once.
- Truckn Pro
Truckn Pro is a cloud-based bookkeeping software for a trucking company that helps trucking companies track and manage their fleet, drivers, and more. The software offers several features including in these three different editions, which a trucking company owner can choose according to their preference. The basic edition provides basic company management features but does not include an invoice, document scanning, and emailing. In owner-operator edition, it includes Lease Operators,
Owner Operators, Invoicing, IFTA Info. The report, Document Scanning and Emailing. In its small feet edition, it provides features like Small Fleet, Small Fleet Owners, Drivers Database, Driver Payroll, Office Employees, Invoicing, Document Scanning, and email & Texting. You can choose the edition based on the features this software provides to you.
- RAMA Logistics Software
RAMA is the best accounting software for trucking companies that provides real-time visibility into your fleet. It helps you run your business more efficiently, allowing you to make decisions based on live data from each truck and trailer in your fleet.
One of the best features of this software is that it is integrated with quick books. It can help you with Load Status, Print Confirmations, Track Advances, Carrier Insurance, Print Invoices, Print Settlement Sheets, EDI, and integration with QuickBooks. The ability for dispatchers to easily track hours worked by individual drivers.
A graph that shows where and when drivers have been working a map showing the location of each vehicle on a given day The ability to view reports in real-time or export them as PDFs.
DAT is a cloud-based solution accounting software for trucking companies that offers a complete trucking software solution, including freight and flight management. It is fully integrated and comes with a suite of apps, dashboards, and a mobile app.
The DAT Dashboard helps you stay on top of your business by providing real-time information about your fleet and operations, such as fuel consumption, mileage, and other important metrics. It also shows how long it takes drivers to get from one location to another to ensure they’re on schedule at all times.
The DAT’s dashboard also allows you to access important documents, such as fuel reports, driver logs, and invoices. The mobile app lets you view your data on the go to make informed decisions wherever you are.
Ramco is a cloud-based and best bookkeeping software for trucking companies. It offers an integrated suite of applications, including accounting and finance, routing and transportation planning, logistics management, and vehicle control.
Ramco can help you integrate your business processes and resource planning with the online world. It allows users to access data from multiple applications on one platform rather than manually entering information into each app individually. The company also provides analytics tools to analyze the results from these different applications in real time so you can make informed decisions about what needs changing or improving your operations.
Ramco offers several services specifically related to trucking companies: Global Payroll, Payroll Software, Managed Payroll Services, Time & Attendance, HCM Integration, Logistics Software, Transport Management (TMS), Warehouse Management (WMS), Fleet Management, Finance & Accounting, Hub Management, and Rating & Billing.
Trending Technologies that Accounting Professionals are Opting
|Advanced and Predictive Analytics||21%|
|Automation (including RPA)||20%|
|Internet of Things (IoT)||20%|
|Human Augmentation (including wearables)||19%|
|Natural Language Processing (NLP)||17%|
|Virtual/Augmented / Mixed Reality||16%|
The trucking industry is known for its hidden charges that do not let owners earn as much profit as they can with good accounting software. In this guide, we have included the ten most popular trucking accounting software: QuickBooks and Ramco. The software helps companies keep track of their costs and revenue and turn all the parameters into profits. Most of this software offers various types of tools that can help with everything from dispatching to generating invoices. Also, in some of this software, you receive free trials; in others, you don’t.
1. Tally & Paybook is most popular accounting software.
In 2023, we have 1260 accounting software worldwide.